美國混凝土公司近日宣布,通過停止交易執(zhí)行,它已經完成了先前宣布的300萬股的股票回購計劃,該計劃是2008年1月由董事會授權的。該公司以2.09美元每股的平均價格購買了300萬股。
美國混凝土公司總裁兼首席執(zhí)行官Michael W. Harlan,對宣布的消息評論說:“美國混凝土公司的管理層和董事會成員都致力于股東利潤最大化,同時保持運營和財務的靈活性和足夠的現金流。通過此次發(fā)布的決定,我們重申我們對于公司長遠未來的信心?;谖覀儗η熬暗恼雇?,我們期望在2008年產生更多的現金流。目前的股價水平,我們認為是公司和股東執(zhí)行停止交易和回購公司普通股最適合的利潤水平。公司11月的下一個定期董事會會議上,我們將評估另一個股票回購計劃?!?
附英文:
U.S. Concrete Completes Share Repurchase Program
(HOUSTON, Texas) -- U.S. Concrete, Inc. (Nasdaq: RMIX) announced today that,
through a block trade transaction executed today, it has completed its previously
announced 3 million share repurchase program authorized by its Board of Directors
in January of 2008.The Company purchased 3 million shares at an average price
of $2.09 per share, which it intends to retire.
Commenting on the announcement, Michael W. Harlan, U.S. Concrete’s President and Chief Executive Officer, stated, "U.S. Concrete’s management
and Board of Directors are committed to maximizing shareholder value while
maintaining operating and financial flexibility and adequate liquidity. With this
announcement today, we reaffirm our confidence in the long-term future of the
Company. Based on our outlook, we expect to generate positive free cash flow in
2008. At these current share price levels, we believe it was in the best interest
of the Company and its stockholders to execute this block trade transaction and
repurchase shares of the Company’s common stock. We will evaluate an
additional share repurchase program at the Company’s next regularly scheduled
Board of Directors meeting in November."